| 【Company Research】CR Beer (291 HK) – Expecting a solid 1H23 |
| 【Company Research】CTGDF (601888 CH) – Earnings expectation is settling |
| 【Company Research】Cloud Music (9899 HK) – 1H23 preview: solid improvement in profitability |
| 【Company Research】Yongda Automobiles (3669 HK) – 1H23E preview: new-car GPM could be a bottom |
| 【Company Research】Zhejiang Dingli (603338 CH) – Margin expansion in 23E; Volume growth in 24E |
| 【Sector Research】China Auto Sector – Jun leading indicators: NIO weaker than expected |
| 【Company Research】Horizon CD (9930 HK) – No.1 equipment operation service provider ready to capture the opportunities in AWP |
| 【Company Research】NIO Inc. (NIO US) – Margin dent from price cuts lingers into FY24-25 |
| 【Company Research】Sinotruk (Hong Kong) (3808 HK) – Expect strong growth to continue after the impressive 1H23; U/G to BUY |
| 【Company Research】Weichai Power - A (000338 CH) – 2Q23E earnings to grow 30-65%; recovery story intact |
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